Worksheets1. What Is Business?
Total questions: 10
Worksheet time: 6mins
Which of the following is a disadvantage of a private limited company (ltd)?
Finance can be raised by selling shares
Limited liability
Original owners retain control of the company
Shares are sold privately
Which one of the following is an element of the external environment?
Product portfolio
Machinery and equipment
Employees
Interest Rates
Ordinary shares traded on the stock exchange are those issued by:
Sole traders
Private limited companies
Public limited companies
Public sector organisations
Which one of the following will be a variable cost for a coffee shop?
Ingredients for the cups of coffee
Salary paid to the manager
Advertising costs
Rent paid for the premises
The sales revenue for a market has grown by 2% in 2016 compared with sales of £670 million in 2015. What is the new sales revenue for the market?
£13.4 million
£672.0 million
£683.4 million
£1340.0 million
Market capitalisation is the total value of a company’s:
Assets
Dividends paid to shareholders
Shares, based on the current share price
Shares, based on the original share price
Public limited companies usually pay ordinary shareholders their share of the profits in the form of:
Inventory
Dividends
Fixed interest payments
Retained profits
When shareholders can only lose (are therefore liable for) the value of their investment in the share capital of the company is known as what?
Unlimited liability
Limited liability
Insolvency
Market capitalisation
According to the government the vast majority (62.7%) of businesses in the UK are...
Sole Traders
Partnerships
Limited Companies
Not-For-Profit Organisations
Select all the potential external factors which could influence costs and demand for a business:
Incomes
Interest Rates
Marketing
Training
Demographics
